secwatch.observer — SEC 8-K summary
======================================

Issuer:     Velocity Financial, Inc. (VEL)
CIK:        0001692376
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0001193125-23-154103
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Velocity Financial shareholders re-elect all directors and approve 2022 exec compensation
--------------------------------------------------------------------------------

- All 8 director nominees re-elected; Omar Maasarani received 14.3M abstentions (43.7%) but still re-elected.
- Advisory vote on named executive officer compensation passed with 99.9% of votes cast in favor.
- Ratification of RSM US LLP as independent auditor for 2023 approved with 99.98% of votes cast for.
- Broker non-votes: 271,573 on all director and compensation proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692376/000119312523154103/0001193125-23-154103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692376/000119312523154103/d458741d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-154103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer